On July 7, 2026, Tencent launched Hunyuan Hy3, a new reasoning model built on a Mixture of Experts (MoE) architecture...
On July 7, 2026, Tencent launched Hunyuan Hy3, a new reasoning model built on a Mixture of Experts (MoE) architecture with 295 billion total parameters and 21 billion activated parameters, supporting a 256K token context window.
confidence score
Strong evidence: 5 independent source classes support this read.
TCEHY has not made a large direction-matching 30-90 day move yet.
signal brief
On July 7, 2026, Tencent launched Hunyuan Hy3, a new reasoning model built on a Mixture of Experts (MoE) architecture with 295 billion total parameters and 21 billion activated parameters, supporting a 256K token context window. The model has been integrated into several Tencent products and services, including WorkBuddy/CodeBuddy, Yuanbao, Marvis, and ima, and its API is available via Tencent Cloud's TokenHub platform. Pricing is set at RMB 1 ($0.15) per million input tokens and RMB 4 ($0.59) per million output tokens, with cached input tokens at RMB 0.25 ($0.037) per million. This launch signals Tencent's continued investment in AI capabilities and could intensify competition in the Chinese AI model market.
What the sources said:
source data used
“<!DOCTYPE html> <html class="news-hkex" xmlns="http://www.w3.org/1999/xhtml"><head id="j_idt2"> <title>Listed Company Information Title Search</title> <meta charset="UTF-8" /> <meta name="viewport" content="width=device-width, initial-scale=1" /> <meta http-equiv="X-UA-Compatible" co”
“<!DOCTYPE html> <html class="news-hkex" xmlns="http://www.w3.org/1999/xhtml"><head id="j_idt2"> <title>Listed Company Information Title Search</title> <meta charset="UTF-8" /> <meta name="viewport" content="width=device-width, initial-scale=1" /> <meta http-equiv="X-UA-Compatible" co”
“<!DOCTYPE html> <html class="news-hkex" xmlns="http://www.w3.org/1999/xhtml"><head id="j_idt2"> <title>Listed Company Information Title Search</title> <meta charset="UTF-8" /> <meta name="viewport" content="width=device-width, initial-scale=1" /> <meta http-equiv="X-UA-Compatible" co”
“Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent Shares of Kuaishou Technology plunged 12 per cent...”
“On Monday, Tencent launched Hunyuan Hy3, a new reasoning model that integrates both fast and slow thinking. Built on a Mixture of Experts (MoE) architecture, Hy3 features 295 billion total parameters with 21 billion activated parameters...”
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- https://www.bloomberg.com/news/articles/2026-07-08/tencent-wechat-ai-agent-shows-promise-in-super-app-fight-review
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